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#1 Sun Aug 25, 2013 9:29 am
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Member
Registered: Jun 2013
Posts: 136
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YOung jee,
The board meeting of the company first decide the dividend both cash and bonus. Then the company call for AGM where the shareholder's have to agree on the dividend. As per law, shareholders can't change the dividend. They can either accept or reject the dividend. So, when the company call for AGM, they also announce the book close date for the share transaction. If you buy the share before that book close day, you will be eligible for the bonus and cash dividend. This bonus still has to be apporved by NRB.
As per the price of the share, we can't say anything. But on the book close day, the stock price will be adjusted. For, e.g. if Miteri bank declared 20% bonus and 5% cash and the latest closing price of the stock is 200. Then the adjustment at the book close will be as follows:
200 / 1.2 = 166.67-5 = 161.67
If I am wrong, dear forum members Please correct me wherever necessary.
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#2 Sun Aug 25, 2013 8:37 am
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Member
Registered: Jun 2013
Posts: 107
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sansar jee....first of all AGM basara bonus share declared garni haina ra...MDB la ra CDBL la ta bonus share and cash dividend declared gari sakao ta.......or u mean phari AGM bas6an book close ko lagi .....kahala ho ni date of book close .....these companie's share aahala kinda kasto hola ni and after becoming a book close aasko price decrease huna thal6a hola haina ra sansar jee..................
PLEASE CLEAR ME .................
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#3 Sun Aug 25, 2013 6:33 am
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Member
Registered: Jun 2013
Posts: 136
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Young jee, you can get the bonus if you buy before book close. The book close date will be announced when they announce the date for AGM, which has not been declared yet.
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#4 Sat Aug 24, 2013 10:36 pm
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Member
Registered: Jun 2013
Posts: 107
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MDB and CDBL ko kahala samma buy garna la bonus share pau6a sathiharu.....please answer me...
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